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Tag: automobile

  • Auto sales in Pakistan drop 47pc in July-March

    Auto sales in Pakistan drop 47pc in July-March

    Canada Global (Web News) According to data released by the Pakistan Automotive Manufacturers (PAMA), overall sales of cars, light commercial vehicles (LCVs), jeeps, and pickups decreased by 47% to 109,466 units during the first nine months of the current fiscal year (FY2022-23) from 205,452 units during the same period of fy2012-22.

    The report also reveals that auto sales increased in March by 61 percent month over month to 9,351 units. When compared to the 27,202 units sold in March 2022, the March sales were 66 percent lower.

    During the first nine months of the current fiscal year, plant closures, increased pricing, and expensive financing all contributed to a decline in auto sales.

    The breakdown shows that truck sales decreased by 46% to 279 units in March from 521 units in February, whereas they were 500 units in March 2022. Truck sales as a result decreased 37% to 2,825 units in 9MFY23 from 4,493 units in 9MFY22.

    Compared to 136 in February and 65 in March, only 29 buses were sold in March, a decrease of 79 percent and 55 percent year over year. Despite the slow monthly sales, the total number of buses sold in 9MFY23 increased by 22% to 557 from 458.

    Tractor sales decreased by 49 percent to 21,233 units from 41,603 units in FY22. Sales of 2,984 units in March represented a fall of 10% month over month and 47% year over year.

    Sales of two-wheelers as a whole totaled 908,555 units, a decrease of 33% from 1.348 million in 9MFY22. Bicycle sales in March totaled 83,149 units, a decrease of 17% month over month and 43% year over year.

    1,158 units of three-wheelers were sold in March, which was a 54 percent and a 71 percent lower number than MoM and YoY. In contrast, overall sales of three-wheelers decreased by 48 percent in 9MFY23 to 16,148 units from 31,231 units in FY22.

    Honda Atlas Cars Limited’s sales decreased to 835 units in March, a 49 percent MoM and 77 percent YoY decrease, while sales for 9MFY23 decreased by 46 percent to 16,278 units.

  • BMW unveils colour changing car

    BMW unveils colour changing car

    Canada Global (Web News) BMW showcased a prototype color-changing vehicle  that also incorporates digital capabilities like a windscreen projection of driving information.

    The I Vision Dee automobile was unveiled at the Consumer Electronics Show in Las Vegas by actor Arnold Schwarzenegger, who is well-known for playing the “Terminator” in the film “Terminator 2.”

    A automobile that could change colour, but only from white to black and grey in between, was presented by BMW last year at the same event.

    However, the new car’s body can be customised in a wide range of hues, including solid colours, stripes, and checks.

    The style of the forthcoming cars from the luxury manufacturer will be influenced by BMW I Vision Dee, which is currently merely a concept.

    For instance, it will be possible as of 2025 to have driving information, such as speed or direction, flash on the windscreen.

    With technology that “mixes real and virtual worlds,” BMW has also suggested the idea of displaying augmented reality graphics on the windscreen and turning it into a full-fledged screen.

    According to BMW CEO Oliver Zipse, the goal is to leverage software to provide “the ultimate companion” that provides a customised driving experience. An acronym for “digital emotional experience” is “Dee.”